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Mining & Metals

Esperanza Resources Corp. Announces Appointment of Officers 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/22/12 — Esperanza Resources Corp. (TSX VENTURE: EPZ) ("Esperanza" or the "Company) is pleased to announce the appointments of Ms. Kylie Dickson as Chief Financial Officer and Mr. Warren Beil as Corporate Secretary.The Company also announces it has filed on SEDAR its interim financial statements for the second quarter period ended June 30, 2012 and the related Management-s Discussion and Analysis. Copies of these documents are av

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MAG Silver Corp. Announces Approximately C$25 Million Private Placement 0

TORONTO, ONTARIO — (Marketwire) — 08/22/12 — MAG Silver Corp. (TSX: MAG)(NYSE MKT: MVG)(NYSE Amex: MVG) ("MAG" or the "Company") is pleased to announce a private placement offering of common shares at a per share price of C$9.40 (the "Offering") for gross proceeds of approximately C$25 million. The common shares will be subject to a four month hold period. The Offering is expected to close on or about September 5, 2012.The Company intends to use the net proceed

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Allana Potash Comments on the Death of Ethiopian Prime Minister Meles Zenawi 0

TORONTO, ONTARIO — (Marketwire) — 08/22/12 — Allana Potash Corp. (TSX: AAA)(OTCQX: ALLRF) ("Allana" or the "Company") is saddened at the news of Prime Minister Meles Zenawi-s passing at the age of 57 in Belgium on Monday, August 20, 2012. Prime Minister Meles Zenawi has been battling an undisclosed illness for several months and was in Belgium undergoing treatment.Prime Minister Meles Zenawi came to power in 1991 after the ouster of the communist regime under Mengistu Ha

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MagIndustries Announces Extension of Loan Facility With Evergreen 0

TORONTO, ONTARIO — (Marketwire) — 08/22/12 — MagIndustries Corp. (the "Company") (TSX: MAA) is pleased to announce that it has entered into an agreement with Evergreen Resources Holdings (BVI) Ltd. ("Evergreen"), the Company-s controlling shareholder, to extend the terms of the loan originally provided to the Company by Evergreen on August 23, 2011 (the "Loan").The Loan originally entered into on August 23, 2011 was a C$50,000,000 principal amount term loan wit

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NovaCopper Inc.: Market Activity 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/22/12 — NovaCopper Inc. (TSX: NCQ)(NYSE MKT: NCQ)(NYSE Amex: NCQ) ("NovaCopper" or "the Company") has observed unusual market activity in the Company-s stock today. In view of this, the Exchanges have contacted the Company in accordance with their usual practice. The Company is not aware of any reason for this unusual market activity.About NovaCopperNovaCopper is a base metals exploration company focused on exploring and de

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White Tiger Announces Closing of Unique Loan Transactions 0

TORONTO, ONTARIO — (Marketwire) — 08/22/12 — Further to its July 4, 2012 press release, White Tiger Gold Ltd. (the "Company") (TSX: WTG) announces that it has closed its proposed Loan Transactions (as defined below) with Unique Goals International Ltd ("Unique"). Unique is a company beneficially owned, directly or indirectly, by Mr. Sergey Yanchukov, a creditor and shareholder of the Company.The Company owed Unique $20,401,001.30 (including accrued interest) (the "U

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Zena Mining Corp.: 2010 and 2011 Exploration Programs Completed at Lapin Barite Property and 2012 Exploration Program 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/22/12 — Zena Mining Corp. (TSX VENTURE: ZCC) ("Zena" or the "Company") has prepared this News release to clarify certain information included in News releases issued on February 22, 2011 and December 5, 2011.The aforementioned News releases reported a barite measured resource of 5,800 tonnes and an inferred resource showing a typo of 10,000 tonnes, with average grades above or near the specific gravity threshold of 4.10. Th

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KWG Continues Normal Course Issuer Bid 0

TORONTO, ONTARIO — (Marketwire) — 08/22/12 — The KWG Resources Inc. (TSX VENTURE: KWG) Board of Directors has authorized the expenditure of up to $200,000 more for the purchase of up to 31.9 million of its common shares by way of normal course purchases on TSX Venture Exchange ("TSXV").KWG has purchased for cancellation a total of 7,460,000 shares of the Company for $500,000, at an average price of $0.0664 per share since commencing its purchases following the announcement of its

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Waterloo Announces Commencement of Fieldwork Program 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/22/12 — Waterloo Resources Ltd. (TSX VENTURE: WAT) ("Waterloo or the "Company"), announces that fieldwork has commenced on the Ice River Property, located 30 kilometres South East of Golden, British Columbia.The 2012 work program is funded by Waterloo and will consist of prospecting, soil sampling and trenching, following-up on work conducted on the property from 2005 to 2010. Surface sampling completed during 2007 returned enco

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Strike Minerals Reports Underground Drift Sampling 0

TORONTO, ONTARIO — (Marketwire) — 08/22/12 — Strike Minerals Inc. ("Strike") (TSX VENTURE: STK) announces initial underground sampling of 15.136 g/t over a drift length of 24m at its Edwards Mine project in Jacobson township near Wawa, Ontario.The Company encountered a new vein called Edwards #5 on the 60m level of the Edwards Mine project (PR May 23, 2012). The vein was intercepted by a drift that had cut the Edwards #1 vein and was being extended to the Rusty Weathered Zone. The

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